Saipem has secured an EPCI contract worth approximately $2 billion for its share of the Kutei FPSO project in East Kalimantan, Indonesia. The project is expected to be completed over 48 months.
DOF has secured a large APAC contract for subsea construction and pre-commissioning support services. Skandi Inventor will execute the offshore campaign in North Australian waters from Q4 2026.
Equinor will acquire bp’s non-operated interest in the Bay du Nord project offshore Newfoundland and Labrador, raising its ownership to 100% as the project moves toward a planned FID in early 2027.
Kosmos Energy reported new Ghana production, GTA LNG cargo liftings and lower net debt in the first half of 2026, with Jubilee output expected to rise after J77 starts production.
Northern Ocean said Deepsea Mira completed its Shell contract on 2 July 2026 and is demobilizing to Walvis Bay for planned upgrades after generating about $31 million in revenue.
SeaBird Exploration has secured a 2D seismic survey contract offshore India for Eagle Explorer, with mobilisation expected in mid-July and vessel utilisation through the first half of 2027.
The Hugin B topside has departed Aker Solutions’ Verdal yard, completing a three-and-a-half-year delivery programme for Aker BP’s Yggdrasil and Valhall PWP-Fenris developments.
Wison New Energies has signed an EPCIC contract with Eni and Altera Infrastructure for the Baleine Phase 3 FPSO in Côte d’Ivoire, covering the project from FEED through engineering, procurement, construction, installation and commissioning.
Norway’s offshore workers reached a wage agreement providing a 5.2% pay increase and higher pension contributions, preventing a strike that had been scheduled to begin at midnight.
